Fernando's Business Ethics and Corporate Governance, 3rd Edition

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Part 2

 Corporate Governance

of shareholders, equitable treatment of all shareholders including minorities, foreigners and

other stakeholders, disclosure and transparency, and the responsibilities of the board of directors.

Later day commentators on the topic stress the importance of corporate governance covering a

wider spectrum of policies and procedures encompassing management disciplines, stakeholder

participation in decision making processes, social responsibility and corporation’s contribution

to sustainable development. There is now a denite emphasis on the quality of governance which

is imperative and vital to achieve and realise ...